Weekly Wrap: Eyeing vehicle values, funding and digital adoption

Tricolor Auto secured $90M in funding, Gesa Credit Union adopted credit-decisioning tech

© Can Stock Photo / lucidwaters

The auto finance industry this week saw falling used-vehicle values, new funding and further adoption of digital tools. The Manheim Used Vehicle Value Index sat at 194.5 in August, a decrease of 0.4% from July but still 18.8% above last year’s values. The index has gradually fallen the past three months after hitting record highs […]

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